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Abilene 79603 Westwood Richland
2025 Marsalis Drive
$167,500
● House - Off Market

2025 Marsalis Drive

Abilene, TX 79603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,340 Ft²
$823
Est. Monthly

About This Property

Affordable home ownership is ready for the taking!  You will love the curb appeal of this one with the covered front porch and cute shutters.  With two living rooms, this home has plenty of space for family and friends to gather.  Fantastic stone fireplace in the second living room is definitely the star of the home.  But, you certainly won't be disappointed in the kitchen that has plenty of countertop space and cabinets.  Enjoy nice Texas evenings under the back yard covered patio.  Take a look at this one today!
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20891965)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
Apr 3, 2025 Listed by Abilene Group Premier Re. Adv. $167,500
Listed by Abilene Group Premier Re. Adv.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,276
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,868
  • Gross Building Area: 1,868
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWOOD SEC 3
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NORTHWOOD SEC 3, BLOCK 7, LOT 27

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 010500

Geography

  • Parcel: 37577
  • Block: 7
  • Lot: 27
  • Municipality: ABILENE
  • Latitude: 32.4728
  • Longitude: -99.77

    Address

  • Full Address: 2025 Marsalis Dr
  • Address - House Number: 2025
  • Address - Street Name: Marsalis
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: C041
  • 4-Digit Zip Code: 3249
  • Zip Code: 79603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,451
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 176,369
  • High Value: 218,318
  • Low Value: 134,419

    Market Valuation

  • Market Total Value: $155,070
  • Market Land Value: $4,366
  • Market Improvement Value: $150,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,070
  • Assessed Land Value: $4,366
  • Assessed Improvements Value: $150,704

    Sales

  • Current Sale Contract Date: Aug 01, 2016
  • Current Sale Recording Date: Aug 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2016-00012391
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westwood Richland

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$129

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1895 ft²

Average Home Age

66.3 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 910 Westmoreland Street, Abilene, TX, 79603

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,345 ft²
910 Westmoreland Street, Abilene, TX, 79603 Listing by Judy Crosson
Unit for rent at 917 S La Salle Drive, Abilene, TX, 79605

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,076 ft²
917 S La Salle Drive, Abilene, TX, 79605 Listing by Valarie Kennedy

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amy Dugger, Abilene Group Premier Re. Adv.
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20891965
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2025 Marsalis Drive built and last sold?
The property at 2025 Marsalis Drive was built in 1963 and last sold on Aug 1, 2016 for $108,800.
How much is this home worth?
The estimated value of the home located at 2025 Marsalis Drive is $0.
What are some comparable homes to 2025 Marsalis Drive?
There are currently no comparable homes to 2025 Marsalis Drive.
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